German Automobile: Purchase equipment products and services required for the fire section from related party Hunan Hongke, transaction amount is 49.907 million yuan.
Dezhong Automobile Announcement: The company's secondary subsidiary, Hunan Jinrui New Energy Technology Co., Ltd., purchased equipment products and services required for the pyrolysis section from Hunan Hongke Intelligent Equipment Co., Ltd., with a transaction amount of 49.907 million yuan. This transaction constitutes a related party transaction and does not constitute a major asset restructuring. The ownership of the subject assets of the transaction is clear, and there are no situations involving mortgage, pledge, or any other restrictions on transfer. The transaction pricing is fair and reasonable, and there are no circumstances harming the legitimate interests of the company and shareholders. This transaction is beneficial to the long-term development of the company, and will not have any adverse impact on the company's daily operations and financial condition.
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